"I'm really, really honored and just happy," said actress and singer Selena Gomez at the New York Film Festival after the Bloomberg Billionaires Index reported she's worth $1.3 billion.

Selena Gomez, Beyoncé, Billie Eilish and Travis Kelce's mothers share intimate details about their kids and living in the spotlight for 'Glamour.' Mandy Teefey, Tina Knowles, Maggie Baird and Donna Kelce are honorees for the magazine's 2024 Women of the Year.

The outlet shared that Gomez has also amassed wealth as the world’s third most-followed person on Instagram. The Disney Channel alum, who has 424 million followers, follows behind soccer star Cristiano Ronaldo, who has garnered 639 million Instagram followers on the platform, and Lionel Messi, who boasts 505 million followers.

When asked by ET, Selena Gomez expressed her pride in her beauty brand, Rare Beauty, being the catalyst to her billionaire status. “I really am giving all the credit to people who buy the products,” she said. “They’re the ones that made this dream of mine come true, so I’m really, really honored and just happy.”

Beyoncé and Selena Gomez's mothers have explained how they stopped their famous daughters becoming 'divas'. Tina Knowles is the proud mother of chart icon Beyonce - as well as singing daughter Solange - while Mandy Teefey is mother to recently minted billionaire Gomez.